In the above figure, the deadweight loss due to the tax is
A) $1,000.
B) $2,000.
C) $4,000.
D) $8,000.
A
Economics
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Federal antitrust laws in the United States are intended to
A) promote competition by prohibiting monopolies. B) increase corporate earnings. C) create new monopolies. D) create only government-owned monopolies.
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Input-output analysis was developed by Wassily Leontief
a. True b. False Indicate whether the statement is true or false
Economics
In the monetarist transmission mechanism, changes in the money market directly affect aggregate demand
Indicate whether the statement is true or false
Economics
As inflation increases, households become ________ uncertain leading to ________ spending.
A. less; less B. more; more C. less; more D. more; less
Economics